Friday, March 17, 2017

Background

Over the last decade, the syndication has emerged as the one of
the most problem in domestic transport system affecting the private sectors and
consumers. This syndicate lobby is such a powerful that it has knocked down
each and every attempts of government to abolish the anti-competitive
practices. The private transporters syndicate association has control prices,
keep big price margins, have greater authority and claim big piece of the pie
in the market. In a free competitive market, syndicates are illegal and lethal
(घातक). Moreover, in Nepal, Competition and Market Protection
Act 2063 recognizes that syndication as an anti-competitive practice,
defining it as illegal and punishable.